BRICS countries plan to interconnect central bank digital currencies, officially launching cross-border cooperation in 2026

ZkSnarker · 2026-01-19T11:46:13+00:00

The Reserve Bank of India is promoting the connection of the BRICS central bank digital currency system, aiming to simplify cross-border trade and weaken the dominance of the US dollar. The plan will be included in the 2026 BRICS summit agenda, with participating countries including the traditional BRICS five and new members, potentially changing the payment settlement and trade financing models in the future.

ZkSnarker

2026-01-19 11:46:13

Abstract generation in progress

【BitPush】The Reserve Bank of India is pushing forward with an ambitious plan—connecting the central bank digital currency systems among BRICS countries. This is not just a technical experiment; the underlying intention is clear: to simplify cross-border trade and tourism settlements among member countries while gradually weakening the dominance of the US dollar in international payments.

According to the latest news, the Reserve Bank of India has recommended to relevant departments to include the plan for establishing a CBDC interconnection network in the official agenda of the 2026 BRICS Summit. This will be the first time that BRICS member countries officially launch a CBDC linkage project at the governmental level.

It is worth noting that the lineup of participants is quite substantial. The traditional BRICS countries—Brazil, Russia, India, South Africa—plus the recently added members United Arab Emirates, Iran, and Indonesia. This combination covers major economies in Asia, Africa, and South America, which also means that once implemented, the influence of this system could be quite significant.

From a market perspective, if the interconnection of central bank digital currencies truly succeeds, future changes in payment settlements, trade financing, and even some reserve asset management among these countries could be profound.

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DeFiGrayling

· 14h ago

Hmm... starting only in 2026? Feels a bit far off. Is the US dollar's position really that easily shaken?

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FromMinerToFarmer

· 21h ago

The days of dollar dominance are really coming to an end. This time, the BRICS leaders are truly serious about taking action together.

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BridgeJumper

· 21h ago

Finally, someone dares to confront the US dollar hegemony. This time, the lineup is truly strong, and India's move is brilliantly played.

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TestnetNomad

· 21h ago

The big move towards de-dollarization is really happening; BRICS' joint effort is taking it seriously.

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AltcoinHunter

· 21h ago

Damn, this is the real hundredfold opportunity. The national-level CBDC interconnected network will launch in 2026. Those getting in now are the smart money. De-dollarization is really happening. BRICS countries are teaming up to develop a payment system, which seems more reliable than some L1 public chains. India, Russia, Iran—this combination has some interesting political implications behind it. Whether the technical aspects can be realized is the key. If central bank digital currencies take off, those small cryptocurrencies involved in cross-border payments should consider bottoming out. It feels like this news is about to spread, so I need to quickly research related concept coins, or I might miss the next big wave. If this gets successfully implemented, the influence will be huge. But the problem is, we still have to wait until 2026. I'm a bit anxious holding these coins, bro. BRICS + CBDC—I've been eyeing this combo for a while. But honestly, whether central bank digital currencies can shake the dollar hegemony remains uncertain.

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PerpetualLonger

· 21h ago

I believe that this time is different! Once the BRICS CBDC is launched, the de-dollarization wave will truly begin. Not entering the market now will be the biggest regret later.

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SighingCashier

· 21h ago

Another story of de-dollarization, but this time the lineup is indeed impressive. BRICS eight countries teaming up? This time the dollar system must be worried.

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